
Cheap Homes for Rent in Alameda Neighborhood of Tempe, AZ from $600 (63 Rentals)
Search the lowest-cost Homes available for rent right now in the Alameda area of Tempe.


1207 E Loyola Dr

1939 E Concorda Dr

1630 E 12th St

1939 E Concorda Dr

1630 E 12th St

907 E Broadmor Dr

1630 E 12th St

1215 E Lemon St, Unit Lemon L

1214 S Roosevelt St, Unit B
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1415 S Terrace Rd

1718 S Longmore

1318 S Mitchell Dr

700 W University Dr, Unit 125

149 N Phyllis

313 E Riviera Dr

103 W Hu Esta Dr

200 E Southern Ave

1201 S McClintock Dr

729 W University Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

123 E Broadway Rd

729 W University Dr

1200 S Farmer Ave

407 W Howe St

1200 S Farmer Ave

200 E Southern Ave, Unit 155

1325 E Don Carlos Ave

313 E Riviera Dr

1201 S McClintock Dr

1201 S McClintock Dr
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

1861 E University Dr

2134 E Broadway Rd

731 W University Dr

1405 S Newberry Ln

731 W University Dr

1215 E Lemon St

2123 W Hu Esta Dr

407 W Howe St

600 S Dobson Rd, Unit 126

1201 S McClintock Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

540 N May

617 S Roosevelt St

1222 W Baseline Rd

3527 S Shafer Dr

1201 S McClintock Dr

302 N Sycamore

2134 E Broadway Rd, Unit 1047

418 W Pebble Beach Dr

934 W Parkway Blvd

313 E Riviera Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Alameda, Tempe, AZ Local Guide

How much does it cost to rent a home in Alameda?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alameda 2 Bedroom Homes for Rent | $1,662 | $1,050 | $2,999 |
| Alameda 3 Bedroom Homes for Rent | $2,723 | $1,000 | $10,000+ |
| Alameda 4 Bedroom Homes for Rent | $3,273 | $1,450 | $7,500 |
| Alameda 5 Bedroom Homes for Rent | $3,846 | $2,495 | $5,999 |
| Alameda 6 Bedroom Homes for Rent | $3,653 | $699 | $4,700 |
Browse Homes for Rent in this Neighborhood
There are currently 63 rentals with your search options within a 2 mile radius of the Alameda Neighborhood of Tempe, AZ.
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Alameda, Tempe, AZ Local Guide
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Cheapest Available Alameda Apartments for Rent
 The cheapest available apartment rental in the Alameda area of Tempe, AZ is a 1 Bed unit found at Manhatton priced from $750. The Link Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $814. Here are the most affordable Alameda apartments for rent in Tempe, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Manhatton | 1/1 | 1BR,1BA | $750 |
| The Link Apartments | One Bedroom West - Classic | 1BR,1BA | $814 |
| University Pointe Apartments | Studio | Studio,1BA | $899 |
| Grandes Cortes | Studio | Studio,1BA | $899 |
| Riviera Palms | Studio | Studio,1BA | $899 |
| Sono Tempe | Olsen | Studio,1BA | $909 |
| Onnix Apartments | Jade - Studio | Studio,1BA | $931 |
| District at Fiesta Park | A1: 1 Bed 1 Bath | 1BR,1BA | $937 |
| The Flats | E1 | Studio,1BA | $945 |
| Sago Gardens | Townhome | 2BR,1BA | $950 |
Best Value Apartments for Rent in Alameda, AZ
As of June 18, 2026 the best value apartment in the Alameda area is the $0.48 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $899. The second greatest value Alameda apartment is the 2 Bedroom 2 Bath Unit Model at The Howe Apartments starting at $1,900 with a $1.19 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Alameda apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lofts on 8th | Student Housing | Furnished Townhome | 4BR,4.5BA | $0.48 |
| The Howe Apartments | 2 Bedroom 2 Bath Unit | 2BR,2BA | $1.19 |
| Canvas | D3 | 4BR,4BA | $0.92 |
| The District on Apache | 3x3 Luxe | 3BR,3BA | $0.89 |
| Tempe Horizons | 2 Bed/2 Bath | 2BR,2BA | $1.36 |
| Asteria Apartment Homes | B1 | 2BR,2BA | $1.36 |
| Nine20 Tempe | B1 | 2BR,2BA | $1.26 |
| SoL | 2BR/2BA - Platinum | 2BR,2BA | $1.18 |
| Sago Gardens | Single Story | 2BR,1BA | $1.21 |
| Gateway at Tempe | 2x2 L Renovated | 2BR,2BA | $1.26 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleAlameda, Tempe, AZ
Ranked #1
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Alameda, Tempe, AZ
Joseph P. Spracale Elementary School
School data provided by Great Schools
Frequently Asked Questions about Alameda
What type of rentals are currently available in Alameda?
There are currently 442 Apartments for Rent in Alameda, AZ with pricing that ranges from $725 to $13,500. There are also 290 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alameda ranging from $699 to $11,000.
What is the current price range for Rental Homes in Alameda?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alameda ranges from $699 to $11,000 with an average monthly rent of $2,510.
How much are larger Three and Four Bedroom Rentals in Alameda?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Alameda range from $775 to $5,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $11,000. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $725.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.